Perspectives

It is now a commonplace to remark upon the increased tension in international relations. The coincidence of the crisis in Ukraine with the centenary of the outbreak of the First World War has not been lost on even the most complacent of commentators. Inter-imperialist rivalries have now sharpened to the point where the seizure of territories is contemplated and there is, once again, the real possibility of armed clashes between the USA-EU-Japan allies and a potential Russia-China block. Read more...

From Resistance to Revolution

At its recent congress the League for the Fifth International passed a new programmatic manifesto. Its policies and slogans are intended to guide revolutionary socialists in the struggles to come, and to act as a proposed manifesto for a new Fifth International Spanish/Espanol Read more...

The revolutions in North Africa and the Middle East

En Espanol
2011 will undoubtedly be remembered as the year of the Arab Revolution. We have seen an explosion of democratic aspiration and courageous struggle as revolutions spread in a few weeks from Tunisia and Egypt to Bahrain, Yemen, Libya, and Syria. Like all such movements, which challenge and topple leaders and systems that had once appeared to be fixed features of the global order, the world was taken by surprise by the speed, scale and energy of the mobilised masses who sensed an opportunity to dislodge their rulers. Read more...

Fifth International Volume 4 Issue 3

The Credit Crunch - a Marxist Analysis

What caused the credit crunch? Some said lenders got “too greedy”. Others blamed the regulators. Yet more denied it was even happening. The Credit Crunch – A Marxist Analysis offers a radically different explanation.

Charting how the events unfolded, and drawing on Karl Marx’s theory of crisis, Richard Brenner and Michael Pröbsting argue that the credit crunch foreshadows a crisis of globalisation.